German robotics firm Kuka's boss sees benefits of Chinese ownership

German robotics firm Kuka's boss sees benefits of Chinese ownership

A robot arm of German industrial robot maker Kuka is pictured at the company's stand during the Hannover Fair in Hanover, Germany, April 25, 2016. REUTERS/Wolfgang Rattay

Chinese ownership should benefit Germany’s Kuka, the German firm’s robotics chief said, as the company and its shareholders consider a 4.5 billion-euro ($5.1 billion) offer from home appliances maker Midea.

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